Mexico's auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW joining peers in gradually dusting off operations even as the wait for approvals slowed the return of Ford and other companies. Fiat Chrysler on Tuesday began reopening two facilities in the central Mexican city of Toluca after a gradual restart of its operations in the northern city of Saltillo a day earlier, said a company spokesman. The third, Ford, said on Tuesday it was working closely with the government to comply with health protocols.
Today we are going to look at DWS Limited (ASX:DWS) to see whether it might be an attractive investment prospect. In...
State and local governments cut nearly 1 million jobs in April, The Wall Street Journal reported, and the layoffs are expected to keep coming as states and cities adjust to a $500 billion loss in revenue over the next two years. That has economists worried about the long-term effects of reduced spending at the state and local level. “We have the evidence of the global financial crisis and the years afterward where state and local government layoffs and lack of hiring did weigh on economic growth,” Federal Reserve chief Jerome Powell told the Senate Banking Committee last week.Like what you're reading? Sign up for our free newsletter.
Shares of Under Armour (NYSE: UAA) (NYSE: UAA), Hanesbrands (NYSE: HBI), and Capri Holdings (NYSE: CPRI) were among the big winners Tuesday as the broad market rallied on economic reopenings continuing and signs that more companies were entering the vaccine race. Apparel retailers have been hit hard by the COVID-19 pandemic as they were forced to close stores, being non-essential retailers.
Cosmos Machinery Enterprises Limited (HKG:118) shareholders should be happy to see the share price up 27% in the last...
Twitter Inc. marked tweets by President Donald Trump with a fact-check warning label for the first time Tuesday, after the president falsely claimed mail-in ballots are “substantially fraudulent.”
Hope Education Group (HKG:1765) shares have continued recent momentum with a 34% gain in the last month alone. That's...
Are people really going to go to Kohl's now that they discovered that Amazon has everything Kohl's has except for some private label clothes. Did PVH just start selling more Tommy Hilfiger and Calvin Klein? One was and is the shelter at home sentence that eliminated a lot of business, except that from Amazon.
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") announces that the TSX Venture Exchange has approved the extension of the expiry date of certain of the Company's outstanding common share purchase warrants (the "Warrants") for an additional two years. The new expiry date of these Warrants will be June 13, 2022, August 31, 2022 and September 29, 2022. Each warrant is ...
The Dow Jones futures were higher late Tuesday following the coronavirus stock market rally. Five top stocks near buys include Alphabet and Apple.
All forward-looking statements made by the Company involve material risks and uncertainties that are subject to change based on factors that may be beyond the Company's control. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.
Some stocks are best avoided. We don't wish catastrophic capital loss on anyone. Imagine if you held Xinchen China...
The "Asia Drinking Yogurt 2020" report has been added to ResearchAndMarkets.com's offering.
Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Hamilton Beach Brands Holding Company (HBB) Investors
As Australians shy away from hospitals and medical centres due to the fear of COVID-19, health experts are advising patients to seek medical attention before routine health issues deteriorate into more serious complications.
LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the first quarter ended March 31, 2020.
LG SIGNATURE is thrilled to present a special limited-edition "Alessandro M." corkscrew, which was inspired by the ultra-premium brand's lineup of distinctive appliances. As Alessandro Mendini's last original hand-sketched design, the exclusive corkscrew will be provided as a gift to customers who purchase the LG SIGNATURE Wine Cellar in selected markets.
Exabeam, the Smarter SIEM™ company, announced a significant investment in its operations across the Asia Pacific and Japan (APJ) region.
The Law Offices of Frank R. Cruz announces an investigation on behalf of CytomX Therapeutics, Inc. ("CytomX" or the "Company") (NASDAQ: CTMX) investors concerning the Company and its officers’ possible violations of federal securities laws.
BMW lifted the sheet off its updated 2021 5 Series late Tuesday, showing off a series of styling revisions, an overhauled plug-in hybrid model and some refinement tweaks to the lineup's powertrain offerings. Like the rest of BMW's lineup, the new 5 Series receives the brand's controversial new kidney grille design, albeit with slightly less drama than some of the proposed concepts. While the plug-in hybrid 530e is getting a pretty healthy dose of additional power, the 530i, 540i and M550i models are carrying on essentially unchanged, with 248, 335 and 523 horsepower, respectively.
Coronavirus has changed the dating apps irreversibly. More people are joining online dating apps to find true love instead of hookup. Farmers(farmersdatingapp.com), a dating app farmers who are seeking for a serious relationship, conducted a survey and found men on Farmers have much more chances to find love than any other dating apps.
Roku (ROKU) has had a bumpy past few weeks. After peaking at over $138 on May 7th, the media streaming giant reported lackluster earnings that afternoon. Roku shares have been on a steady decline since then, falling nearly 22%.Although the company’s Q1 earnings were not ugly, they weren’t gorgeous, either. Active users, total revenues, and average revenue per user were all up more than 35% year-over-year which, on paper, is quite impressive. However, with people have been permanently stuck at home, these numbers should be higher than ever. After declaring negative EBIDTA as well as losses per share that fell even below that of consensus, Wall Street has become rather bearish on ROKU.Furthermore, investors fear that Roku’s current deal with Smart TV company TCL could come back to haunt the company. The partnership, which was formed in 2014, has successfully gained increased market share for both corporations. However, the issue lies in the fact that while TCL has done most of the heavy lifting in the relationship, Roku has reaped the majority of the benefits, aka increased user traffic and ad engagement. It is possible that TCL may become fed up and try to either renegotiate current terms or soon sign with a competitor; though, everything is still up in the air.Regardless, for both the time being and the considerable future, Roku seems to be in a solid strategic position. First, the TCL problem will likely blow over very soon and, if not, Roku still has a number of different Smart TV companies with which it could potentially strike a deal. In addition, the streaming powerhouse did post strong revenue figures, and an array of trends are working in favor of Roku’s prolonged success. As ad spend continues to shift to the platform, subscriptions continue to surge, and competitors are forced to increasingly rely on now-outdated content, shareholders should be optimistic about Roku’s future.Taking into consideration the company’s recent financial performance and competitive positioning, Wedbush analyst Michael Pachter maintains a Hold rating on ROKU along with a $136 price target. (To watch Pachter’s track record, click here)Pachter realizes that while COVID-19 has created favorable trends for the company’s overall user engagement, the lower advertising is quite severe to its bottom line, just as it has been to other ad-dependent companies such as Facebook, Snapchat, and Twitter. The analyst estimates a minimum 20% decline in total ad spend, a bullet that is impossible to dodge.Despite these headwinds, the pandemic has given the market a firsthand look at many long-term trends that will be essential to the company’s future success, including cord cutting and, in turn, a shift in ad spend from television to streaming services. Plus, as production schedules for original content creators continue being delayed, more consumers are likely to resort to free, ad-bearing streaming services that available on the platform, such as Tubi or Vudu. Although ROKU is not living up to its recent highs, Pachter suspects that the tech titan will arise from these pressing times in a comfortable competitive position.All in all, Wall Street is evenly split between the bulls and those choosing to play it safe. Based on 14 analysts tracked in the last 3 months, 7 rate ROKU a Buy, 5 say Hold, while 2 recommend Sell. Notably, the 12-month average price target stands at $126.54, marking a nearly 17% in return potential for the stock.To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. More recent articles from Smarter Analyst: * Is CymaBay’s Seladelpar Back in the Saddle? 5-Star Analyst Weighs In * Why Aurora Cannabis (ACB) Stock Looks Attractive * 3 “Strong Buy” Penny Stocks That Could See Outsized Gains * Redfin Brings Back Employees as Housing Market Heats Up